US bio-based chemical IPO window remains shut

Falling stock price in the past year makes it difficult to go to the public for bio-based chemicals company

As a result, the window for initial public offerings (IPOs) remains shut for the foreseeable future.

“I don’t think the IPO window will reopen anytime soon. There is no reason for companies to pursue raising money in public markets now,” said Andrew Soare, analyst with US-based consultancy Lux Research.

…Full text: www.icis.com/Articles/2013/01/10/9630441/us-bio-based-chemical-ipo-window-remains-shut.html

Tags: bio-BDO, bio-BD, renewable oil feedstocks, chemicals, fuels, bio-based chemical companies, profitability, US fiscal cliff, US-based agribusiness, high-profile setbacks, PHA bioplastics, PEF, PET

Source

ICIS, 2013-01-10.

Supplier

Amyris
Antibioticos
Archer Daniels Midland Company (ADM)
Avantium Technologies B.V.
Coca-Cola Co.
Danone GmbH
Elevance Renewable Sciences, Inc.
Geno (formerly Genomatica, Inc.)
Gevo Inc.
Lux Research, Inc.
Metabolix
TerraVia
Total
Versalis S.p.A.

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